Thank you. Yes, Mr. Trost, I think there are a couple of exemplars of really good practice that need to be enhanced.
As you mentioned, transparency is really key for us. As an industry, we've been standing on this foundation of making sure that we have transparent information available. One of the two examples of that is the core labs. As you mentioned, throughout western Canada, whenever drilling takes place, a core sample is taken and then made publicly available for everyone around, both governments and industry, to be able to use and identify. That really has led to innovation, even with the latest horizontal drilling and hydraulic fracturing for tight oil. All that core has been there for people to go and take a look at and understand at the surface, rather than going out and redrilling every time. That transparency has been really key.
A second example, though, is the oil sands environmental monitoring that the governments are moving ahead with right now. Cooperation between the federal and provincial governments is needed to get that program in place, but then we need to be sure the data coming out of all that monitoring going on right now is readily transparent so that it can be looked at not only by industry but also by governments and the public. We have a good example of that on air quality in Alberta, where it is on the Internet 24 hours a day, seven days a week. We just need to broaden it now with this new program in place to make sure that the transparency is there.
The last one I would suggest is this idea of a technology fund. In Alberta, under the current climate change regulations, a technology fund is collected from the revenues that are part of a carbon levy in place. That technology fund is then rededicated out to solving the root cause of GHG emissions, not just for our industry but for other industries, and in renewables and everything else. That really has been a very valuable aspect of the regulation in place.